HomeMy WebLinkAbout2015-694-9/8/2015 Prepared by Nancy Higby, Administrative Secretary, City of
Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323.
RESOLUTION NO. 2015-694
RESOLUTION APPROVING APPLICATION WITH VICKIE
AND GARY MCDONALD FOR TAX EXEMPTIONS ON THE
CONSTRUCTION OF A NEW TWIN HOME VALUED AT
$190, 000 FOR PROPERTY LOCATED AT 4165
MOURNING DOVE DRIVE, AND LOCATED IN THE CITY
LIMITS URBAN REVITALIZATION AREA (CLURA) , IN
THE CITY OF WATERLOO, BLACK HAWK COUNTY,
--IOWA.
WHEREAS, Vickie and Gary McDonald have submitted an
application dated August 27, 2015 to the City Council of the City
of Waterloo, Iowa, requesting to receive tax exemptions for the
construction of a new twin home valued at $190, 000 . 00 for
property located at 4165 Mourning Dove Drive, more fully
described as follows :
Crossroads A Condominium Unit 4165, Black Hawk County, Iowa,
and,
WHEREAS, said property is located within the designated City
Limits Urban Revitalization Area CLURA in Waterloo Iowa a
previously established by the City Council of the City of
Waterloo, Iowa, and
WHEREAS, the new construction project respecting said
property is in conformance with the City Limits Urban
Revitalization Area (CLURA) Plan as officially adopted by the
City Council for the City of Waterloo, Iowa, and
WHEREAS, the new construction on said property was made
duringthe time in which such improvements vements are eligible for the
P g
tax exemption as set forth in the City Limits Urban
Revitalization Area (CLURA) Plan as adopted by the City Council
of the City of Waterloo, Iowa, and as set forth in the Urban
Revitalization Act as adopted by the Legislature of the State of
Iowa and signed by the Governor of the State of Iowa, and
WHEREAS, said applicant is requesting the following three-
year exemption schedule:
For the first year 1000
For the second year 1000
For the third year 1000
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, IOWA, that said application is hereby approved
and the City Clerk is hereby authorized and directed to forward
said application and a copy of this resolution to the Assessor.
PASSED AND ADOPTED this 8th day of September, 2015 .
Ernest G. Clark, Mayor
ATTEST:
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Deputy Ci y Clerk